How A Celebrity and Doctor’s Portfolio Compares to A Common Man’s Portfolio
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Actors, sports stars, business magnates and successful doctors who’ve attainted popularity fascinate us. We enjoy reading about their lives and knowing more about them. This could be from our desire to identify with those who seemingly have perfect lives, to emulate their successes for our own and perhaps to learn from their mistakes, taking cues from how they overcame odds.
What inspirations or lessons can be drawn from the way actors, sports heroes and successful doctors approach their personal finances? How are the portfolios of these celebrities different from the rest of ours and is there a leaf we can pick out of their books for our own portfolio?
Let’s begin with the understanding that the desire to gain wealth, power and everything else is driven by the desire to be happy and secure. That puts all of us – celebrity, doctor or not – in a common quest; the quest for happiness. Financial planning and investments give the best results when they are aligned with our personal goals of happiness.